Comrade Appliances Approves ₹8.16 Crore Preferential Issue Triggering Takeover Open Offer

Board approved preferential issue of 24L shares at Rs34 for 8.16Cr to Omnia Appliances (20L) and Anadi (4L); promoter to sell 18.9L shares (24.3%) at Rs34 for 6.43Cr to 4 acquirers. Acquirers to gain joint control triggering open offer under SAST and be classified as promoters; issue subject to shareholder nod via postal ballot. Combines large dilution with near-full promoter exit; use of proceeds, open offer price/timeline and final shareholding not disclosed.